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Retirement planningQuestion How should I plan for retirement?
Answer Retirement is not an end point; it's a journey. To plan your retirement well, you must consider it both emotionally and financially.
Although some retirees will stay actively engaged with contract work or start a small business, about 40% don't have a clear vision of what they want to do after retirement. Another 22% of retirees are uncertain searchers who are financially okay but not emotionally ready for retirement. The people who have the most successful retirements meet these five criteria: - Early planning - Clear vision of retirement - Continued engagement and activity - Leveraging professional advice - Financial preparedness Search here for other answers to this issue.
Brain Trust contributor:
Vice President of Retirement Wealth Strategies, Ameriprise Financial
Related Categories: Financial Planning, Retirement And Exit Strategies
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